World Oil Group, Inc. Announces New CEO Alison J. Galardi

Rhea-AI Summary

World Oil Group (OTC: WOGI) has appointed Ms. Alison J. Galardi as the new CEO, signaling a shift in its management strategy. With over 20 years of experience at major financial firms, including Citigroup and TIAA-CREF, Galardi aims to establish a new advisory board to support the company's evolving business model. She expressed enthusiasm for leading the company through changes in the financial landscape. However, the release includes disclaimers about forward-looking statements and uncertainties regarding future performance.

Positive

• Appointment of Ms. Alison J. Galardi as CEO can bring fresh leadership and perspectives.
• Galardi's extensive experience in Fortune 100 companies may enhance strategic decision-making.
• Plans for an advisory board could strengthen alignment with the company's new business plan.

Negative

• Uncertainties surrounding forward-looking statements may concern investors regarding the company’s future performance.

DEBARY, FL, May 21, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – World Oil Group, Inc. (OTC symbol WOGI) is proud to announce the appointment of Ms. Alison J. Galardi to its CEO position. The company is moving forward with its plan to establish a new management team. Ms. Galardi will soon be selecting an advisory board to align with the company’s new business plan. She has 20+ years of experience at Fortune 100 Financial Services Companies including Spear Leeds & Kellogg, TIAA-CREF, and Citigroup. She also has experience with startup companies.

Ms. Galardi is ready to lead: “I’ve been very fortunate to work alongside some of the best minds in the business throughout my career and this next chapter is probably the most humbling and exhilarating experiences yet… the way we do business is changing rapidly and our job in the financial industry to keep learning and adapting to the evolution of this digital world.”

Safe Harbor Statement

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission.

Forward-Looking Statements

This press release may contain forward-looking statements, including information about management's view of World Oil Group Inc.’s future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of World Oil Group Inc., its subsidiaries and concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on World Oil Group Inc.’s future results. The forward-looking statements included in this press release are made only as of the date hereof. World Oil Group Inc. cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, World Oil Group Inc. undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by World Oil Group Inc.

Contact
Info@worldoilgroup.com

FAQ

What is the significance of Alison J. Galardi's appointment as CEO of WOGI?

Alison J. Galardi's appointment is significant as it introduces new leadership and direction for World Oil Group, aimed at aligning with evolving business strategies.

How might the management change impact World Oil Group's future?

The management change could positively impact World Oil Group's future by bringing in fresh perspectives and experienced leadership to navigate changes in the financial landscape.

What experience does Alison J. Galardi bring to WOGI?

Alison J. Galardi brings over 20 years of experience from Fortune 100 financial services companies, including Citigroup and TIAA-CREF, which may help in strategic decision-making.

When was Alison J. Galardi appointed as CEO of World Oil Group?

Alison J. Galardi was appointed as CEO of World Oil Group on May 21, 2021.